Geopolitics Alpha

METLEN signs five-year LNG supply deal with Shell

Published . Updated .

Key takeaways

  • Exposed: UNG, XLE, LNG, EQT, KMI
  • Market reaction: XLE −3.9% on the day; UNG −0.8% on the day; LNG −5.7% on the day

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ENERGYMETLEN signs five-year LNG supplydeal with ShellSHELGEOPOLITICS ALPHA

This report is about natural gas.

Directly affected

  • SHEL Shell-2.5% 12d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-11.6% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+12.1% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • LNG Cheniere Energy+20.1% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • EQT Eqt+4.2% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • KMI Kinder Morgan+4.8% 6d

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SHEL-1.66%-3.31%base-3.46%after closeafter closeafter close
UNG+5.45%+4.74%base-0.77%after closeafter closeafter close
XLE-0.51%-2.20%base-3.91%after closeafter closeafter close
LNG-8.99%-9.90%base-5.68%after closeafter closeafter close
EQT-0.98%+1.53%base-0.96%after closeafter closeafter close
KMI+0.21%-0.89%base-3.37%after closeafter closeafter close
WMB-3.48%-0.13%base-4.27%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

METLEN signs five-year LNG supply deal with Shell Proactive financial news

Source: Proactive financial news

United States Natural Gas Fund (UNG) since this story, compared with the market

CompanyWhenMoveStatus
Eqt (EQT)that day-0.96%final price
Eqt (EQT)three days earlier+1.53%final price
Eqt (EQT)five days earlier-0.98%final price
Kinder Morgan (KMI)that day-3.37%final price
Kinder Morgan (KMI)three days earlier-0.89%final price
Kinder Morgan (KMI)five days earlier+0.21%final price
Cheniere Energy (LNG)that day-5.68%final price
Cheniere Energy (LNG)three days earlier-9.90%final price
Cheniere Energy (LNG)five days earlier-8.99%final price
SHELthat day-3.46%final price
SHELthree days earlier-3.31%final price
SHELfive days earlier-1.66%final price
United States Natural Gas Fund (UNG)that day-0.77%final price
United States Natural Gas Fund (UNG)three days earlier+4.74%final price
United States Natural Gas Fund (UNG)five days earlier+5.45%final price
Williams Companies (WMB)that day-4.27%final price
Williams Companies (WMB)three days earlier-0.13%final price
Williams Companies (WMB)five days earlier-3.48%final price
Select Sector Spdr Tr (XLE)that day-3.91%final price
Select Sector Spdr Tr (XLE)three days earlier-2.20%final price
Select Sector Spdr Tr (XLE)five days earlier-0.51%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

United States Natural Gas Fund (UNG) on one side of this energy story

Companies tied to this story

  • UNG United States Natural Gas Fund

    In “METLEN signs five-year LNG supply deal with Shell,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “METLEN signs five-year LNG supply deal with Shell.” Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

  • LNG Cheniere Energy

    Cheniere Energy (LNG) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “METLEN signs five-year LNG supply deal with Shell.” Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

  • EQT Eqt

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “METLEN signs five-year LNG supply deal with Shell.” Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

  • KMI Kinder Morgan

    For “METLEN signs five-year LNG supply deal with Shell,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

  • WMB Williams Companies

    In “METLEN signs five-year LNG supply deal with Shell,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

How “METLEN signs five-year LNG supply deal with Shell” reaches United States Natural Gas Fund (UNG)

The 2 Nov 2026 story “METLEN signs five-year LNG supply deal with Shell” names United States Natural Gas Fund (UNG) because of Energy.

What ties United States Natural Gas Fund (UNG) to the headline is this: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

Dates and price levels for United States Natural Gas Fund (UNG)

LNG traded between 267.94 and 330.66 across 20 sessions. The latest close on file is 330.35. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.08. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.

How solid “METLEN signs five-year LNG supply deal with Shell” looks

46 out of 100

“METLEN signs five-year LNG supply deal with Shell” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.